openPR Logo
Press release

Accounting Software Market Poised for USD 38.27 Billion By 2032, Showing an Impressive 10.40% Compound Annual Growth Rate

05-09-2024 07:44 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Accounting Software Market

Accounting Software Market

๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐ข๐ง๐  ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โ€ข The global accounting software market was valued at USD 15.66 billion in 2023.
โ€ข The market is expected to expand at a CAGR of 10.40% during the forecast period from 2024 to 2032.
โ€ข The industry is expected to grow to USD 38.27 billion by 2032.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/accounting-software-market/request-for-sample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Accounting software is a computer application that helps bookkeepers and accountants record and report the financial transactions of a company. With accounting software, firms can manage their financial transactions, develop reports, track orders, bill customers, and manage other transaction accounts. Industry participants offer several types of accounting software to cater to diverse market needs. These include commercial accounting software, enterprise accounting software, custom accounting software, and online accounting software. There are numerous benefits associated with the use of accounting software, ranging from simplified accounting to cost savings and automated invoices. The software finds applications in several sectors, including retail, manufacturing, BFSI, government & public sector, IT & telecom, and media & entertainment, amongst others.

๐’๐จ๐ฆ๐ž ๐Ž๐Ÿ ๐ญ๐ก๐ž ๐Œ๐š๐ฃ๐จ๐ซ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ˆ๐ง ๐“๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ž:

โ€ข Microsoft Corporation
โ€ข Thomson Reuters
โ€ข Oracle Corporation
โ€ข Xero Ltd
โ€ข Intuit
โ€ข Inc.
โ€ข SAP SE
โ€ข Infor Inc.
โ€ข Sage Group plc
โ€ข Zeta Software LLC
โ€ข Zoho Corporation
โ€ข Red Wing Software Inc.
โ€ข Reckon Ltd.
โ€ข Saasu Pty Ltd
โ€ข MYOB Group Pty Ltd
โ€ข Epicor Software Corporation

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/2615/2

๐€๐œ๐œ๐จ๐ฎ๐ง๐ญ๐ข๐ง๐  ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The solution segment is the dominant force in the market, driven by the widespread adoption and the benefits it brings, including streamlined processes, reduced costs, and increased efficiency. This reflects the market's recognition of the transformative impact of accounting software.
โ€ข The on-premise segment held a dominant position in the market in 2022 and is expected to maintain its lead. This is due to its strong data security measures, which appeal to companies, particularly in the public and private sectors.
โ€ข North America leads the market, driven by businesses investing in emerging technologies and embracing cloud-based solutions, benefiting from the region's advanced IT infrastructure.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

โ€ข The market growth is primarily fueled by the rising adoption of cloud-based solutions. The increased usage of cloud-based solutions can be attributed to the several benefits they have to offer, including improved scalability, data security, and cost-effectiveness.
โ€ข The availability of advanced IT infrastructure has enabled the development and implementation of robust accounting software solutions. This, in turn, is having a favorable impact on the accounting software market expansion.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐“๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ก๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/accounting-software-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

The market segmentation is primarily based on component, type, deployment type, enterprise size, end-use, and region. As the adoption of accounting software brings several benefits to industries, the solution segment emerged as the dominant force in the market. Besides, the on-premise segment witnesses the largest market share owing to the advantages offered by the on-premise deployment of accounting software.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Data Monetization Market: https://www.polarismarketresearch.com/industry-analysis/data-monetization-market

Industry 4.0 Market: https://www.polarismarketresearch.com/industry-analysis/industry-4-market

Smart Parking Systems Market: https://www.polarismarketresearch.com/industry-analysis/smart-parking-systems-market

Online Trading Platform Market: https://www.polarismarketresearch.com/industry-analysis/online-trading-platform-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Accounting Software Market Poised for USD 38.27 Billion By 2032, Showing an Impressive 10.40% Compound Annual Growth Rate here

News-ID: 3490024 • Views: โ€ฆ

More Releases from Polaris Market Research & Consulting

Booming Growth and Innovative Trends: An In-Depth Analysis of the Global Disposable Cups Market
Booming Growth and Innovative Trends: An In-Depth Analysis of the Global Disposa โ€ฆ
According to the research report published by Polaris Market Research, the global disposable cups market was valued at USD 11.7 billion in 2020 and is expected to grow at a CAGR of 7.5% during the forecast period. Disposable cups are a suitable alternative to mugs, glasses, or any other utensil, especially if consumers are seeking any kind of outdoor activity like picnic, camping, or traveling to some other places. Social gatheringsโ€ฆ
Floating Hotel Market is predicted to expand to USD 7,913.60 million by 2032, with a promising CAGR of 6.5% from 2024 to 2032
Floating Hotel Market is predicted to expand to USD 7,913.60 million by 2032, wi โ€ฆ
Floating Hotel-Market Insights, Size Revenue, Outlook, and Analysis. The global floating hotel market, a sector with immense potential, was estimated to be worth USD 4,233.65 billion in 2022. It is predicted to expand to USD 7,913.60 million by 2032, with a promising CAGR of 6.5% during the forecast period 2023-2032, offering a lucrative opportunity for investors and market analysts. ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž: This comprehensive report, a reliable source of information, offers a detailedโ€ฆ
Hair Brush Market is predicted to expand to USD 7,600.71 million by 2032, at a CAGR of 7.3% from 2024 to 2032 | PMR
Hair Brush Market is predicted to expand to USD 7,600.71 million by 2032, at a C โ€ฆ
Hair Brush-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global hair brush market was estimated to be worth USD 3,753.66 million in 2022 and is predicted to expand to USD 7,600.71 million by 2032, with a CAGR of 7.3% during the forecast period 2023-2032. ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž: This comprehensive study provides an accurate overview of the worldwide hair brush industry. It includes comprehensive analyses of sales volume, price, revenue, market share, andโ€ฆ
Integrated Bridge Systems Market is Estimated to hit USD 8.93 Billion at a CAGR of 4.8% by year 2030-End
Integrated Bridge Systems Market is Estimated to hit USD 8.93 Billion at a CAGR โ€ฆ
According to the research report, the global integrated bridge systems market was valued at USD 5.86 billion in 2021 and is expected to reach USD 8.93 billion by 2030, to grow at a CAGR of 4.8% during the forecast period. ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/integrated-bridge-systems-market/request-for-sample ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ž๐ ๐๐ซ๐ข๐๐ ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ The Integrated Bridge Systems (IBS) market involves the development, production, and implementation of integrated navigation and control systems on marine vessels.โ€ฆ

All 5 Releases


More Releases for Software

Robot Software Market Analysis by Software Types: Recognition Software, Simulati โ€ฆ
The Insight Partners provides you global research analysis on โ€œRobot Software Marketโ€ and forecast to 2028. The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Robot Software market during the forecast period, i.e., 2021โ€“2028. Download Sample Pages of this research study at: https://www.theinsightpartners.com/sample/TIPRE00007689/?utm_source=OpenPR&utm_medium=10452โ€ฆ
HR Software Market Analysis by Top Key Players Zenefits Software, Kronos Softwar โ€ฆ
HR software automates how companies conduct business with relation to employee management, training and e-learning, performance management, and recruiting and on-boarding. HR professionals benefit from HR software systems by providing a more structured and process oriented approach to completing administrative tasks in a repeatable and scalable manner. Every employee that is added to an organization requires management of information, analysis of data, and ongoing updates as progression throughout the companyโ€ฆ
HR Software Market by Top Manufacturers โ€“ Zenefits Software, Kronos Software, โ€ฆ
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over aโ€ฆ
HR Software Market by Top Manufacturers โ€“ Zenefits Software, Kronos Software, โ€ฆ
Global HR Software market could be classified into different regions and countries for a clear understanding of business prospects available across the globe. This intelligence research study presents a wide-ranging study of the global market by evaluating the growth drivers and detaining factors at length. This detailed study of significant factors supports the market participants in understanding the issues they will be facing while operative in this market over aโ€ฆ
Cloud-based Payroll Software Market - Zenefits Software, Kronos Software, PDS Vi โ€ฆ
Global Cloud-based Payroll Software Market Size, Status and Forecast 2022 provides Market information about top Key Players, Countries, Type and Application. This Industry report also states Company Profile, sales, Cloud-based Payroll Software Market revenue and price, market share, market growth and gross margin by regions. Top Key Players: Zenefits Software Kronos Software PDS Vista HRMS Vibe HCM Software FinancialForce Software Ascentis HR Software Paycor Software Sage HRMS Software BambooHR Software Criterion Software Enquiry for buying report @ https://goo.gl/3CqycH Market segment by Regions/Countries,โ€ฆ
Global HR Software Market 2017 - Vibe HCM Software, Kronos Software, Zenefits So โ€ฆ
The report studies HR Software in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 The HR Software market research report distils the most essential aspects of the market and presents them in the form of a comprehensive and cohesive document. The findings of this report have been obtained via aโ€ฆ